Richard Driehaus, the founder of Chicago’s Driehaus Capital Management and namesake of the Driehaus Museum and DePaul University’s Business School, died Tuesday, according to Driehaus Private Equity. He was 78.
Driehaus, who was born in Chicago and was an alumnus of DePaul University, first started his career in 1968 working in institutional trading at A.G. Becker. He then worked at various brokerage firms before he founded Driehaus Capital Management LLC in 1982.
Driehaus was most known for his various charitable contributions across Chicago, including his commitment to preserving historical architecture. He established the Richard H. Driehaus Foundation in 1983 and provided monetary support to several arts and cultural organizations including Boys and Girls Hope, Boys & Girls Clubs and the Old Town School of Folk Music, to name a few.
Through its arts and culture giving, Driehaus Foundation has been one of the most important funders of Chicago theater and dance for decades, especially low-budget arts organizations that bigger foundations overlooked...